President Obama Proposes Additional Financing For Aerospace Growth And Jobs | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.02.25

Airborne-NextGen-06.03.25

AirborneUnlimited-06.04.25

Airborne-AffordableFlyers-06.05.25

AirborneUnlimited-06.06.25

Thu, Jun 24, 2010

President Obama Proposes Additional Financing For Aerospace Growth And Jobs

$100 Million Targeted Towards Constellation Program Transition

The President submitted to Congress late last week a fiscal year 2011 budget amendment that targets up to $100 million toward spurring regional economic growth and job creation in the aerospace industry. The amendment would provide up to $40 million in aid for Florida's Space Coast and a maximum of about $60 million for other affected regions. These funds specifically would be made available from the Constellation Program transition element of the agency's exploration request.

The amendment does not increase the total of the administration's fiscal year 2011 budget request. It was presented to support the administration's new course for human spaceflight, while revitalizing NASA and transitioning to new opportunities in the space industry and beyond.

"We're very pleased the president has asked for additional support to help the communities and workers most deeply involved in our space program," said NASA Administrator Charles Bolden. "NASA's work force is incredibly talented and dedicated. This $100 million investment in our people is essential to spurring economic growth and job creation."

The president established the Task Force on Space Industry Workforce and Economic Development on May 31. The task force is chaired by Bolden and Secretary of Commerce Gary Locke. It is charged with developing, in collaboration with local stakeholders, an interagency action plan to enhance economic development strategies and plans along the Space Coast and affected aerospace communities in other states. The task force team will report its recommendations to the president by August 15.

The administration launched a $40 million, multi-agency initiative in May for regional economic growth in Florida and to prepare space industry workers for future opportunities there. Task force activities will complement local and federal economic and work force-development efforts.

FMI: www.nasa.gov

Advertisement

More News

ANN's Daily Aero-Term (06.02.25): Minimum Friction Level

Minimum Friction Level The friction level specified in AC 150/5320-12, Measurement, Construction, and Maintenance of Skid Resistant Airport Pavement Surfaces, that represents the m>[...]

ANN's Daily Aero-Linx (06.02.25)

Aero Linx: Airpower Museum The APM owns 30 acres on Antique Airfield, including the south half of the N-S runway. It consists of three hangars, an annex, and a library. The museum >[...]

NTSB Prelim: Champion 7ECA

Patient Told The First Responders That The “Man Who Was In The Plane Was Flying At The Time Of The Accident And Had Overshot The Runway They Were Attempting To Land On.&rdquo>[...]

Classic Klyde Morris (From 06.10.22)

Klyde Just Can't Believe This Has Gotten To This Point... FMI: www.klydemorris.com>[...]

Airborne 05.30.25: Anti-Helicopter Bill, PW Strike Done, All-Electric Bristell

Also: Duffy Wants $$$, KS Airports, Morningside U’s Aviation School, New Airstrip In ID After 6 were killed in a helicopter crash over the Hudson River, several US Representa>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC